Eicher Motors' share price surged significantly, reaching a 52-week high, following the announcement of impressive January sales figures for its Royal Enfield motorcycles. The company's stock climbed over 3% to ₹5,550.00 per share on the BSE.
Eicher Motors Reports 20% YoY Sales Growth in January 2025
In January 2025, Eicher Motors reported a 20% year-on-year increase in total sales, with 91,132 units sold compared to 76,187 units in January 2024. Both domestic demand and a substantial rise in exports drove this growth.
Royal Enfield's Sales Breakdown
- Domestic Sales: The domestic market saw a 17% growth, with sales of models up to 350cc reaching 78,815 units, up from 67,620 units in the previous year.
- Exports: Exports increased by a remarkable 79%, totalling 10,080 units compared to 5,631 units in January 2024.
- Models Above 350cc: Sales of motorcycles with engine capacities exceeding 350cc rose by 44%, totalling 12,317 units, up from 8,567 units in the same month last year.
VE Commercial Vehicles (VECV) Performance
A collaboration between Volvo Group and Eicher Motors, VE Commercial Vehicles Limited (VECV), also reported impressive outcomes.
- Total Sales: VECV's total sales increased by 20.1% to 8,489 units in January 2025, up from 7,066 units in January 2024.
- Eicher Trucks and Buses: Sales grew by 21.3% to 8,322 units, compared to 6,858 units in the previous year.
- Domestic Sales: Domestic sales rose by 21.1% to 7,872 units in January 2024, up from 6,503 units in January 2024.
- Exports: Exports surged by 26.8%, totalling 450 units compared to 355 units in the same month last year.
- Volvo Trucks & Buses: Sales in this segment declined 19.7%, with 167 units sold compared to 208 units in January 2024.
Summary
Eicher Motors' impressive sales performance in January 2025, particularly the significant growth in Royal Enfield's domestic and international markets, has positively impacted its share price, reflecting investor confidence in its strategic direction and market appeal.
Leave A Comment?